Palantir Technologies's quarterly market cap
increased
from Jun. 2023 ($32,959 Mil) to Sep. 2023 ($34,804 Mil) and
increased
from Sep. 2023 ($34,804 Mil) to Dec. 2023 ($37,776 Mil).
Palantir Technologies's annual market cap
declined
from Dec. 2021 ($36,920 Mil) to Dec. 2022 ($13,476 Mil) but then
increased
from Dec. 2022 ($13,476 Mil) to Dec. 2023 ($37,776 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Palantir Technologies's Enterprise Value for Today is $44,594 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Palantir Technologies's Market Cap
For the Software - Infrastructure subindustry, Palantir Technologies's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Palantir Technologies's Market Cap Distribution in the Software Industry
For the Software industry and Technology sector, Palantir Technologies's Market Cap distribution charts can be found below:
* The bar in red indicates where Palantir Technologies's Market Cap falls into.
Palantir Technologies Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Palantir Technologies's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Palantir Technologies (NYSE:PLTR) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Palantir Technologies Market Cap Related Terms
Thank you for viewing the detailed overview of Palantir Technologies's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Palantir Technologies (Palantir Technologies) Business Description
Palantir is an analytical software company that focuses on leveraging data to create efficiencies in its clients' organizations. The firm serves commercial and government clients via its Foundry and Gotham platforms, respectively. The Denver-based company was founded in 2003 and went public in 2020.
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